Finance Archives - Page 101 of 163 - Food and Beverage Business

Katjes divests ownership in porridge business Haferkater, returns stake to original founders

FAB Team2 May 20242 May 2024

by FAB Team2 May 20242 May 2024983

German confectionery major Katjes Group has sold its 25% stake in local porridge business Haferkater back to the company’s founders. The sale has netted Katjes...

Finance

Dutch government considers introducing tax on sugary beverages

FAB Team2 May 20242 May 2024

by FAB Team2 May 20242 May 2024871

The Dutch government is considering revising its taxation of sugar in non-alcoholic beverages, including soy-based drinks, water, and dairy. Currently, a flat rate of €26.13...

Finance

Plukon Food Group Purchases Sambau, a Spanish Poultry Producer

FAB Team2 May 2024

by FAB Team2 May 2024948

Dutch poultry manufacturer Plukon Food Group has acquired Spanish poultry producer Sambau, enhancing its presence in the food and beverage industry. Financial details of the...

Finance

Wilde Brands, a US-based producer of high protein crisps, secures $20 million in funding.

FAB Team1 May 20241 May 2024

by FAB Team1 May 20241 May 20241817

Wilde Brands, a US-based manufacturer of high-protein crisps, has recently secured a $20 million investment to support its distribution efforts. This investment will be utilized...

Finance

Batista brothers’ return to JBS board sparks controversy

FAB Team1 May 20241 May 2024

by FAB Team1 May 20241 May 20241773

In a controversial move, scandal-hit Wesley and Joesley Batista have been elected to the board of Brazilian meat giant JBS, a decision criticized by advocacy...

Finance

Prime Meats Expands Acquisition Strategy following Investment from Shoreline Equity

FAB Team1 May 20241 May 2024

by FAB Team1 May 20241 May 20241184

Prime Meats, a US processor and supplier to retail and foodservice, has secured an undisclosed investment from Shoreline Equity Partners. Ian Garland, a principal at...

Finance

Nestlé Bounces Back with Spring-Loaded Sales Rebound Following Decline in US Market

FAB Team30 April 202430 April 2024

by FAB Team30 April 202430 April 20241168

Nestlé expects its “real internal growth” to bounce back after a decline in the first quarter of 2024. The key RIG metric, which excludes pricing...

Finance

General Mills considers selling its North America yogurt business

FAB Team30 April 20247 August 2024

by FAB Team30 April 20247 August 2024877

General Mills is exploring the potential sale of its yogurt business in North America, which includes popular brands like Yoplait, Liberté, and Ratio Food. The...

Finance

Guala Closures expands into crown closures market with acquisition of Astir Vitogiannis

FAB Team30 April 202430 April 2024

by FAB Team30 April 202430 April 20241084

Guala Closures has announced a strategic agreement to acquire Astir Vitogiannis Bros, a prominent manufacturer of crown closures. Astir, which produces over 12 billion closures...

Finance

Daisy Brand, a US dairy manufacturer, plans to construct a new production facility

FAB Team29 April 202429 April 2024

by FAB Team29 April 202429 April 2024954

Daisy Brand, a US-based dairy products manufacturer, is set to construct a new factory in Iowa with the support of state funding. The family-owned company...

Category : Finance

Katjes divests ownership in porridge business Haferkater, returns stake to original founders

Dutch government considers introducing tax on sugary beverages

Plukon Food Group Purchases Sambau, a Spanish Poultry Producer

Wilde Brands, a US-based producer of high protein crisps, secures $20 million in funding.

Batista brothers’ return to JBS board sparks controversy

Prime Meats Expands Acquisition Strategy following Investment from Shoreline Equity

Nestlé Bounces Back with Spring-Loaded Sales Rebound Following Decline in US Market

General Mills considers selling its North America yogurt business

Guala Closures expands into crown closures market with acquisition of Astir Vitogiannis

Daisy Brand, a US dairy manufacturer, plans to construct a new production facility

Chinese Start-Up Introduces Biodegradable Bamboo Packaging Films

Ferrero’s €60 Million Investment Enhances Efficiency and Drives Nutella Innovation

Raisio Secures €4.5 Million Investment for Development of Fiber Ingredients from Grain...

EPP Delivers Automated Finishing for Enhanced Consistency and Efficiency

Falconer Unveils Premium Cartonboard Packaging for One Cask at a Time Whisky

Smaller Bites, Bigger Demands: How Compliance, Nutrition and Automation Are Reshaping Snacks